SouthState Corporation (SSB)
Company Info
| ISIN | US8404411097 |
|---|---|
| CUSIP | 840441109 |
| Sector | Financial Services |
| Industry | Banks - Regional |
Highlights
| Market Cap | $7.27B |
|---|---|
| EPS (TTM) | $6.24 |
| PE Ratio | 15.28 |
| PEG Ratio | 1.61 |
| Total Revenue (TTM) | $1.65B |
| Gross Profit (TTM) | $1.86B |
| EBITDA (TTM) | $641.33M |
| Year Range | $61.71 - $100.71 |
| Target Price | $106.28 |
| Short % | 7.00% |
| Short Ratio | 5.92 |
Share Price Chart
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Popular comparisons: SSB vs. RF
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SouthState Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SouthState Corporation had a return of 15.10% year-to-date (YTD) and 38.02% in the last 12 months. Over the past 10 years, SouthState Corporation had an annualized return of 6.87%, while the S&P 500 had an annualized return of 10.67%, indicating that SouthState Corporation did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.10% | 15.38% |
| 1 month | 8.28% | 5.03% |
| 6 months | 15.28% | 6.71% |
| 1 year | 38.02% | 23.24% |
| 5 years (annualized) | 8.37% | 13.10% |
| 10 years (annualized) | 6.87% | 10.67% |
Monthly Returns
The table below presents the monthly returns of SSB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.60% | 1.79% | 1.18% | -10.97% | 2.79% | -1.15% | 29.51% | -1.30% | 15.10% | ||||
| 2023 | 4.24% | 1.99% | -11.68% | -3.20% | -8.64% | 5.25% | 18.04% | -6.28% | -6.83% | -1.87% | 12.86% | 14.04% | 13.79% |
| 2022 | 5.37% | 7.22% | -9.34% | -5.09% | 5.05% | -4.54% | 9.88% | -7.38% | 1.38% | 14.29% | -2.31% | -13.08% | -2.39% |
| 2021 | -3.54% | 13.75% | -0.44% | 7.40% | 5.90% | -7.94% | -15.80% | 0.30% | 8.88% | 4.58% | 0.66% | 2.52% | 13.51% |
| 2020 | -12.84% | -9.38% | -13.78% | -1.52% | -8.25% | -9.34% | 0.00% | 17.74% | -13.52% | 27.52% | 8.95% | 8.77% | -14.17% |
| 2019 | 10.68% | 7.68% | -3.80% | 10.71% | -12.44% | 11.81% | 8.69% | -7.58% | 2.34% | 4.73% | 6.20% | 4.17% | 47.99% |
| 2018 | 1.66% | -1.77% | -1.61% | 1.47% | 3.83% | -3.66% | -2.96% | -1.08% | -0.55% | -17.48% | 7.77% | -17.38% | -30.04% |
| 2017 | 2.29% | 0.48% | -0.17% | -1.34% | -5.37% | 3.13% | -2.28% | -1.40% | 9.48% | 0.00% | 2.61% | -5.32% | 1.24% |
| 2016 | -7.09% | -6.17% | 2.85% | 8.95% | 4.03% | -6.12% | 7.14% | 4.67% | -1.25% | -2.25% | 16.33% | 2.88% | 23.61% |
| 2015 | -10.99% | 13.50% | 1.27% | -0.98% | 6.42% | 5.79% | 2.28% | -2.99% | 2.29% | 0.82% | 1.76% | -8.47% | 8.71% |
| 2014 | -7.46% | -0.19% | 2.25% | -8.22% | 2.79% | 3.62% | -4.74% | 1.14% | -4.51% | 7.85% | 3.05% | 8.32% | 2.26% |
| 2013 | 4.78% | 13.59% | 5.84% | -5.22% | 5.15% | 0.68% | 10.02% | -2.56% | 2.47% | 8.87% | 10.03% | 0.97% | 67.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SSB is 79, placing it in the top 21% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SouthState Corporation (SSB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SouthState Corporation granted a 2.20% dividend yield in the last twelve months. The annual payout for that period amounted to $2.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.10 | $2.04 | $1.98 | $1.92 | $1.88 | $1.67 | $1.38 | $1.32 | $1.21 | $0.98 | $0.82 | $0.74 |
Dividend yield | 2.20% | 2.42% | 2.59% | 2.40% | 2.60% | 1.93% | 2.30% | 1.51% | 1.38% | 1.36% | 1.22% | 1.11% |
Monthly Dividends
The table displays the monthly dividend distributions for SouthState Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.52 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.54 | $0.00 | $1.58 | |||
| 2023 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.52 | $0.00 | $2.04 |
| 2022 | $0.00 | $0.49 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $1.98 |
| 2021 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.49 | $0.00 | $1.92 |
| 2020 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $1.88 |
| 2019 | $0.00 | $0.38 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.46 | $0.00 | $1.67 |
| 2018 | $0.00 | $0.33 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.36 | $0.00 | $1.38 |
| 2017 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $1.32 |
| 2016 | $0.00 | $0.28 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $1.21 |
| 2015 | $0.00 | $0.23 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.26 | $0.00 | $0.98 |
| 2014 | $0.00 | $0.19 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.82 |
| 2013 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.00 | $0.74 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SouthState Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SouthState Corporation was 56.91%, occurring on Mar 9, 2009. Recovery took 272 trading sessions.
The current SouthState Corporation drawdown is 4.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.91% | Dec 28, 2006 | 551 | Mar 9, 2009 | 272 | Apr 7, 2010 | 823 |
| -51.57% | Jun 7, 2018 | 487 | May 13, 2020 | 205 | Mar 8, 2021 | 692 |
| -39.26% | May 4, 2010 | 359 | Oct 3, 2011 | 218 | Aug 14, 2012 | 577 |
| -32.7% | Jan 18, 2022 | 333 | May 16, 2023 | 292 | Jul 16, 2024 | 625 |
| -29.64% | Mar 15, 2021 | 132 | Sep 20, 2021 | 78 | Jan 10, 2022 | 210 |
Volatility
Volatility Chart
The current SouthState Corporation volatility is 6.71%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of SouthState Corporation compared to its peers in the Banks - Regional industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for SSB in comparison to other companies of the Banks - Regional industry. Currently, SSB has a PE value of 15.3. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for SSB in comparison to other companies of the Banks - Regional industry. Currently, SSB has a PEG value of 1.6. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for SouthState Corporation.
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Income Statement
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